Industry

-By Gideon Osaka TGS has fired the first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up. It is…
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-By Benjamin Ike Penultimate Wednesday the World Bank and International Monetary Fund (IMF) made case for urgent structural reforms to fast-track Nigeria’s economic recovery even as President Muhammadu Buhari faulted the statistics…
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-By Gideon Osaka President Muhammad Buhari’s apology to Belema and Offion Ama, in Akuku Toru local government area of Rivers State, host communities of the contentious oil mining lease, OML 25, may have come to many Nigerians as a…
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-By Julius Ogar More than 20 deals have been signed on Monday between Moscow and Riyadh during President Vladimir Putin’s state visit to Saudi Arabia. The agreements include the charter for long-term cooperation between the…
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-By Gideon Osaka Oil and gas companies have discovered 7.7 billion barrels of oil equivalent, Bboe year-to-date, according to Rystad Energy’s latest global discoveries report. Palzor Shenga, Senior Analyst on Rystad Energy’s…
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-By Fred Ojeigbe The task of ensuring seamless supply and distribution of petroleum products across the country is usually not achieved without industry-wide collaboration among critical agencies in the oil sector. Key among these…
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-By Gideon Osaka The long wait for the take-off of Nigeria Liquefied Natural Gas, NLNG Train 7 may be over as indications emerged that the final investment decision, FID, may be made early November. This is coming as the Nigerian…
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-By Benjamin Ike Penultimate week, Minister of State for Petroleum Resources and former Governor of Bayelsa State, Chief Timipre Sylva inaugurated the Nigerian National Petroleum Corporation (NNPC)-led initiative to guarantee energy…
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-By Gideon Osaka The International Energy Agency (IEA) has said global oil markets remain “well supplied” for now, with ample stocks available, after the recent attack in Saudi Arabia. It added it remains in regular contact with…
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-By Julius Ogar The President of the 24th World Energy Congress and UAE’s Minister of Energy & Industry, Suhail Al-Mazrouei, has called for global collaboration among energy stakeholders towards addressing the numerous challenges…
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